REU rubicon europe trust group
Add to My Watchlist 0.00% ! 0.5¢

amazing, page-10

  1. MJS
    2,299 Posts.
    lightbulb Created with Sketch. 35
    clock Created with Sketch.
    28/02/08
    18:23
    Post #: 3409068
    I'm going to take a punt here and say that NTA will be down to between 90 and 95 cents.

    This assumes the CREs have lost a touch over 10% of their face value and property around 7%. Very rough estimates of the impact of falls, so if I'm off no complaints please.

    The thing about the CRE's is at this stage it is only a face value loss - not cash - so if held to maturity and no defaults with lost money then they will write it all back sometime. Last I read from REU all the CRE's were in order.

    IMO comment on the position of CRE will be as significant as movement in property / face values.

    MJS
    REU Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

RMX Red Mountain Secures Utah Antimony Project in United States
right-arrow Created with Sketch.
3DA Amaero’s big move: Exclusive deal, big targets, and a lot on the line
right-arrow Created with Sketch.
FBM Assays confirm strong gold anomalism at Canyon within Miriam Project
right-arrow Created with Sketch.
NEWS Gateway acquires interest in strategic Glenburgh South Gold Project in WA
right-arrow Created with Sketch.
AII Becoming the largest conflict-free tungsten supplier in the world
right-arrow Created with Sketch.
NEWS Ausgold set to commence extensive multi-rig drilling campaign at Katanning
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.